Overview

NAI Harcourts is proud to present 121 Grenfell Street, Adelaide SA 5000 - a rare and highly strategic CBD corner landholding positioned in the absolute heart of Adelaide's commercial spine.

This prominent dual-frontage property to Grenfell Street and Hyde Street offers substantial upside.

• Site Area: 744 sqm*
• Gross Lettable Area: 1,795 sqm*
• Capital City Zone - No Prescribed Height Limit (STCC)
• Prime corner position with dual street exposure
• Rear access + on-site car parking
• Underutilised asset with clear rental reversion potential

The property comprises a striking two-storey heritage building with basement, originally constructed in 1926-1927, retaining strong architectural character and adaptability.

Strategically located moments from Rundle Mall, Hindmarsh Square, premium office towers, hotels and major transport links - this is a genuine opportunity to secure a landmark CBD asset with multiple pathways for value creation.

For Sale by International Expressions of Interest. Closing Friday, 27 March 2026 at 5:00pm (ACDT).

Location